The Swiss franc dropped against most major counterparts in late Asian deals on Wednesday.

Reversing from an early 1-week high of 1.2899 against the pound, the franc pulled back to 1.2948.

The franc dropped to 0.9851 against the greenback and 1.0924 against the euro, off its early high of 0.9838 and a session's high of 1.0911, respectively.

The next possible support for the franc is seen around 1.33 against the pound, 1.00 against the greenback and 1.11 against the euro.

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